With every misstep (it’s not failure unless you fail to learn something) comes an opportunity for growth. Bobby Buford’s article introduces a 3-step approach that all managers should take when trying to scale a business.
Four years ago, not long after our wedding, my wife bought me this new shirt.
I wore it once, received compliments and never wore it again. A few post-wedding parties and dinners meant I could never get into this colorful slim-fit shirt. Today it languishes in my wardrobe waiting the day I can get rid of my paunch and wear it again.
[But, how does this relate to Business Performance Management, you ask?]
In previous articles we have looked at the content of an EPM Framework that is better able to support decision-making around performance management. In this article we will be looking at the evaluation and selection of a suitable technology system that supports the requirements discussed in previous articles.
Over a period of 6 weeks, a few Wharton professors studied data provided by ESPN to determine whether the amount of money that sports teams pay for their players can predict how well the team will perform.
Which sport do you think was highly predictable, which were not? The results will surprise you.
We have heard some representatives of big companies saying that it is easy to change small companies, but changing a big one is difficult to do. Still there are several big companies like Best Buy, Apple, Microsoft, Google and IBM that are huge and still succeeding well. One thing that is common to them is…
Performance management is all about taking decisions on the operation of both the business model and any associated strategy improvement initiatives. What goals should we go for? What things have to be done to achieve those goals? How much will it cost? How much did it cost? What will it cost in the future? Is the outcome worth it? What changes should we make? And so on.
IT SEEMS LIKE a long time ago in a galaxy far, far away. But in reality it was 2006, on this very planet. The entire world was booming, partly on the back of triple-A investment innovations devised by a master race of financial Jedi. And then: crash, bang, global recession. Suddenly it was all over.…
Setting your ECM or BPM implementation strategy can appear to be pretty straightforward. After all, you either want to manage your content or manage your process. To achieve that, get some experts, get a good tool(s), and launch a project and presto!
If only life in this world were that easy.
Sometimes we tend to confuse managing business processes withbusiness process management (BPM). But really, what’s the difference?
As a child growing up in the UAE, I remember a distant relative visiting us and educating my dad about sending money home to his parents in India through him and his “contacts” and that dad would get a better exchange rate. Obviously ignorant to the concepts of Informal Value Transfer or more popularly known as Hawala, my…